Brown Brothers Harriman & Co. Purchases 148,435 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Brown Brothers Harriman & Co. boosted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 26.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 710,538 shares of the company’s stock after buying an additional 148,435 shares during the quarter. iShares Core S&P 500 ETF accounts for 2.8% of Brown Brothers Harriman & Co.’s investment portfolio, making the stock its 11th biggest holding. Brown Brothers Harriman & Co.’s holdings in iShares Core S&P 500 ETF were worth $409,853,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in IVV. Alliance Wealth Management Group lifted its position in shares of iShares Core S&P 500 ETF by 7.3% in the third quarter. Alliance Wealth Management Group now owns 36,183 shares of the company’s stock valued at $20,871,000 after buying an additional 2,453 shares during the last quarter. Loomis Sayles & Co. L P bought a new stake in iShares Core S&P 500 ETF in the 3rd quarter valued at $63,000. Prosperity Financial Group Inc. lifted its holdings in iShares Core S&P 500 ETF by 11.0% during the 3rd quarter. Prosperity Financial Group Inc. now owns 1,190 shares of the company’s stock valued at $686,000 after purchasing an additional 118 shares during the last quarter. Bank of Hawaii lifted its holdings in iShares Core S&P 500 ETF by 0.5% during the 3rd quarter. Bank of Hawaii now owns 233,656 shares of the company’s stock valued at $134,777,000 after purchasing an additional 1,159 shares during the last quarter. Finally, Daiwa Securities Group Inc. boosted its position in iShares Core S&P 500 ETF by 35.9% during the third quarter. Daiwa Securities Group Inc. now owns 360,213 shares of the company’s stock worth $207,778,000 after purchasing an additional 95,234 shares during the period.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $598.45 on Monday. The company’s 50-day moving average is $582.31 and its 200-day moving average is $559.05. The firm has a market capitalization of $516.40 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a fifty-two week low of $455.41 and a fifty-two week high of $603.09.

iShares Core S&P 500 ETF Company Profile

iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market.